SyBridge Technologies, a global industrial technology company, has completed the acquisition of Action Tooling LLC and Lakeshore Fixture & Gauge Ltd. Both transactions further expand SyBridge's Tech & Services business unit and make SyBridge an end-to-end solutions provider.
New York based private equity firm Crestview Partners established SyBridge Technologies in 2019 and committed $200 million of equity to create a value-added manufacturing solutions provider spanning across end-markets, geographies and advanced technological capabilities.
The acquisition of Action enables SyBridge to better serve its customers in the Midwest region. The addition of this Grand Rapids, MI, service center expands SyBridge's customer service network to five dedicated service facilities in strategic areas across North America.
Through its acquisition of Lakeshore, SyBridge will have in-house capabilities to design, manufacture, certify and service fixtures, gauges and end-of-arm tooling. This marks a significant step for SyBridge to offer a full suite of industrial technology solutions to customers in mobility, life sciences, consumer products and other industries.
"Action has been a service-oriented company throughout its 25-year history with an exceptionally strong customer-first mindset and is next door to many of SyBridge's top customers," said Andy Aiton, President of SyBridge Tech & Services Business Unit. "The Action acquisition is core to our strategy of supporting customers with dedicated service centers within a closer proximity."
For more information contact:
SyBridge Technologies
20700 Civic Center Drive, Ste. 430
Southfield, MI 48076
info@sybridgetech.com
www.sybridgetech.com
SyBridge Tech & Services
www.sybridgetech.com/techservices